Sandur Manganese & Iron Ores Shows Strong Resilience Amid Broader Market Challenges

May 28 2025 01:35 PM IST
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Sandur Manganese & Iron Ores has demonstrated strong performance, gaining 6.18% on May 28, 2025, and outperforming its sector. The stock is trading above all key moving averages, with a year-to-date increase of 33.78% and a notable 213.38% rise over the past three years, reflecting its solid market position.
Sandur Manganese & Iron Ores has shown impressive performance today, gaining 6.18% as of May 28, 2025. This midcap stock has notably outperformed its sector by 5.23%, marking a significant trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 552.8, reflecting a 5.76% increase during the trading session.

In terms of moving averages, Sandur Manganese is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. Over the past week, the stock has risen by 7.21%, and its one-month performance stands at an impressive 23.10%.

In contrast, the broader market has faced challenges, with the Sensex down by 0.12% after opening lower. Despite this, Sandur Manganese & Iron Ores has demonstrated resilience, with a year-to-date performance of 33.78% and a remarkable 213.38% increase over the past three years. This performance underscores the company's robust market position within the miscellaneous industry.
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